10412-10418 7th Street East

Edgewood, WA 98372

$1,300,000
Price
Studio
Beds
4,320 Sq. Ft.
$301 / Sq. Ft.
4,320
Sq. Ft.
$301
per Sq. Ft.

Description

Rare Edgewood 4plex investment opportunity! Long-term quality tenants, the building is well maintained and cared for. All 4 units have their own garage + additional parking. Each unit boasts a private backyard combined with private walkways + well-manicured landscaping that creates the feeling of a single-family home in a welcoming community. Great location near major commuting highways and close to endless amenities. Over a 4.5% cap rate potential, this is a perfect opportunity to invest in a stable...

Property Details for 10412-10418 7th Street East

Community Name
Edgewood
School District
Fife
Year Built Numeric
1982

Location

Listing Courtesy of Redfin Corp.

Property Details for 10412-10418 7th Street East

StatusActive
MLS #1744622
Days on Market48
Taxes$10,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1982
Lot Size0.40 AC / 17,424 SF
CountyPierce County

Contact a Compass agent

Location

Listing Courtesy of Redfin Corp.

Virtual Tour

Building Information for 10412-10418 7th Street East

Stories-Residences4Year Built1982Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$5,239 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,357

Property Taxes

$882

HOA Dues

$0

Property Information for 10412-10418 7th Street East

Summary
    Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Patio
  • Area: 72 - Edgewood
  • Street Number Numeric: 10412
  • Street Name Free Text: 7th
  • Street Suffix: St
  • Street Dir Suffix: E
  • County: Pierce
  • City: Edgewood
  • Character: 98372
  • Sale Type: MLS
  • Elementary School: Buyer To Verify
  • Junior High School: Buyer To Verify
  • Senior High School: Buyer To Verify
  • Directions: From intersection of N Meridian/8th St E go east then left at 1st possible street at end of white fence. Then take first left to end of street property on left 10412-10418.
  • Leased Items: None
  • Property Sub Type: MULT
    Taxes and HOA Information
  • Tax Year: 2021
    Parking
  • Number of Garage Spaces: 4
  • Number of Carport Spaces: 0
Interior and Exterior Features
    Bathroom Information
  • Total Bathrooms: 0
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
    Bedroom Information
  • Approved Number of Bedrooms: 8
  • Bedrooms Count: 0.0
    Exterior Features
  • Exterior: Wood
  • Roof: Tile
Property
    Utilities
  • Energy Source: Electric
  • Heating and Cooling: Baseboard
  • Sewer: Septic
  • Water Source: Public
  • Water/Sewer/Garbage: 3468
  • Power Company: N/A
  • Sewer Company: N/A
  • Water Company: Mt View Edgewood Water
    Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Square Footage: 4320.0
  • Lot Square Footage: 17424
  • General Zoning Classification: Multi-Family
  • Total Finished SQFT: 0.0
    Lot Information
  • Lot Details: Cul-de-sac, Secluded
  • Lot Size Source: Realist- Buyer to Verify
  • Parcel Number Free Text: 0420036006
Multi Family
    Building Details
  • Total Number of Parking Spaces: 12
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
    Financing / Income and Expenses
  • Electrical Expenses: $0
  • Total Expenses: $17,252
  • Gross Adjusted Income: $75,900
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $75,900
  • Heating Expenses: $0
  • Insurance Expenses: $1,200
  • Net Operating Income: $58,648
  • Other Expenses: 2000
  • Total Monthly Income: 6325
    Unit 1
  • Washer/Dryer Unit 1: Y
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: Y
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $1,600
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Description Unit 1: 10412
  • Bathrooms Unit 1: 1.5
    Unit 2
  • Washer/Dryer Unit 2: Y
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: Y
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $1,575
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1.5
  • Description Unit 2: 10414
    Unit 3
  • Washer/Dryer Unit 3: Y
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: Y
  • Square Feet Unit 3: 1100
  • Rent Unit 3: $1,550
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1.5
  • Description Unit 3: 10416
    Unit 4
  • Washer/Dryer Unit 4: Y
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: Y
  • Square Feet Unit 4: 1100
  • Rent Unit 4: $1,600
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1.5
  • Description Unit 4: 10418
    Unit 5
  • Square Feet Unit 5: 0
  • Rent Unit 5: $0
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0.0
    Unit 6
  • Square Feet Unit 6: 0
  • Rent Unit 6: $0
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0.0

Property History for 10412-10418 7th Street East

DateEvent & SourcePriceAppreciation
Mar 29, 2021

Listed (Active)

NWMLS #1744622

$1,300,000
DateEvent & SourcePrice
03/29/2021

Listed (Active)

NWMLS #1744622

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 10412-10418 7th Street East


SchoolTypeGradesDistanceRating
Skys The Limit MontessoriPrivatePK-20.5 mi
NR
Hedden Elementary SchoolPublic2-50.6 mi
5
Surprise Lake Middle SchoolPublic6-70.9 mi
4
Discovery Primary SchoolPublicPK-11.0 mi
NR

Skys The Limit Montessori

PK-2, 0.5 mi, Private

NR

Hedden Elementary School

2-5, 0.6 mi, Public

5

Surprise Lake Middle School

6-7, 0.9 mi, Public

4

Discovery Primary School

PK-1, 1.0 mi, Public

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10412-10418 7th Street East is a multi-family home for sale in Edgewood, WA 98372. This property was listed for sale on March 29, 2021 by Redfin Corp. at $1,300,000. This listing's school district is Fife School District. Nearby schools include Skys The Limit Montessori, Hedden Elementary School and Surprise Lake Middle School. 10412-10418 7th Street East is a 0-bed, 0-bath, 4,320 sqft multi-family home built in 1982. This address can also be written as 10412-10418 7th St E.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corp.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.